Ultrasonic sensors have always remained as the
vanguard of technical innovations in numerous end-user industries such as
medical, aerospace, oil and gas, and military. Continuously catapulting
applications of the ultrasonic sensor in the oil and gas sector has profoundly
increased the demands in the global ultrasonic sensors market according to a
market research report published by IndustryARC. As per the report, the global
ultrasonic sensor market size was assessed at $3.62 million as of 2018. With increasing
demands from the healthcare, automotive, and oil and gas sector, the ultrasonic
sensor market growth is evaluated to leap at the compound annual growth rate
(CAGR) of 9.56% through the forecast period of 2019 to 2025.
The report is titled “Ultrasonic Sensor Market: By Product
Type (Proximity Detection, Range Measurement, Others); By Application
(Anti-Collision Detection, Distance Measurement, Liquid Level Measurement,
Others); By End User (Automotive, Food and Beverage, Others) & Geography -
Forecast (2019-2025).” The report contains comprehensive insights related
to the latest developments, strategies, trends, outlook, demands, forecast, and
geographical distribution in the market.
Global Ultrasonic Sensor Market: Leading
The APAC region is the dominating leader in the
global ultrasonic sensor market. The presence of continuously developing
manufacturing and automotive giants in the region is a crucial factor
responsible for increasing demands. Asia-Pacific grabs 26.62% of the global
ultrasonic sensor market share. Opportunities for ultrasonic sensors are
incrementing in the automotive industry owing to the increased awareness
towards safer automobiles.
Considering the applications, the automotive
sector among other end-user industries find the highest magnitude of
application in the global ultrasonic sensor market. The application CAGR is
chronicled to be increasing at 11.96% through to 2025. On-board ultrasonic
sensors are being offered in vehicles to provide features such as parking
assistance, collision avoidance, object detection, automatic braking, and
safety alarms. Hence, with the inclusion of advanced driver assistance system
(ADAS) in automotive industry, the ultrasonic sensor vendors will generate considerate
Global Ultrasonic Sensor Industry Analysis
Ultrasonic sensors or ultrasonic transducer are
a type of acoustic sensor that transmits or emits ultrasonic energy. Ultrasonic
sensors are used in the healthcare industry for medical ultrasonography.
Growing instances related to abdominal diagnostics including pelvis, cardiology,
orthopaedics, and ophthalmology is driving the ultrasonic sensor market.
Global Ultrasonic Sensor Market Trends
Automatic Mobile Trolley: Growing investment in the technical
domains has led to the introduction of automatic mobile trolleys. These
trolleys are equipped with techniques that track the human movement and follows
it. This is one of the latest emerging trends in both the developed and
developing nations. With changing lifestyle and rising disposable income among
the people, the trend is likely to spread tremendously which will subsequently
fuel the demands in the adjacent ultrasonic market.
Obstacle Avoidance for Quadcopter: Applications of drones are
incrementing exuberantly and end-user industries such as military, sports,
entertainment, and travel sector are the key reasons for growth in the demands
for the quadcopter. Advancement in the techniques has equipped the quadcopter
with ultrasonic wave sensor. These sensors are helping in optimizing the path
of the quadcopter by emitting ultrasonic waves in multiple directions which
detects possible obstacles in the path of the drone and further diverts the
movement of the drone. Since the popularity of drones is still on a rise, the
ultrasonic sensor-equipped drones will prompt significant profits in the global
ultrasonic sensor market.
Global Ultrasonic Sensor Market: Competitive
Some of the key companies identified in the
report that are currently ahead of the curve in the Ultrasonic Sensor market
are Siemens AG, Pepperl+Fuchs, Honeywell International Inc., Cambridge
Ultrasonics, Hielscher Inc., Baumer Ltd., Crest Ultrasonics Corp., Branson
Ultrasonic Corp., Inrix Inc., Rockwell Automation and Murata Manufacturing Co.
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the full report by providing your details in the link below:
A. Global Distance Measurement Sensors Market
B. Safety Sensors Market
What can you expect from the report?
The global ultrasonic sensor
market is prepared with the main agenda to cover the following 20
1. Market Size by Product Categories &
11. Demand Analysis (Revenue & Volume)
2. Market trends & Relevant Market
12. Country level
4. Distributor Landscape
5. Pricing Analysis
6. Top 10 End user Analysis
7. Product Benchmarking
8. Product Developments
& Future Market Landscape Analysis
9. Mergers & Acquisition Analysis
10. Patent Analysis
Revenue and Volume Analysis
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end user industry.
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3. Find out market shares for other smaller
companies or companies which are of interest to you.
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5. Patent analysis, pricing, product analysis,
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country or end use segment.
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About IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare.